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Jan 16, 2013
01/13
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the bigger issue is our deficits and debt. the fact that is more like thing from in the boiling water. it gradually undermines your economy's ability to perform, it hurts economic growth and takes away the stability that allows us to generate growth through investment, job creation, all the things we need to get the economy going. markets will not like to respond to that on any one day. it will hinder our economic performance. for now already hurting our standard of living and going to more in the future. that is a harder concern to see moment by moment but, it is the biggest in the long run. ashley: it is indeed. maya. thank you so much. we didn't have time to get into entitlement reform and reforming the tax code, two huge issues i know you're very hot on but remains to be seen. based on what we've seen so far in washington it will be a big, tall order. maya, thank you. tracy: coming up, speaking of the tax code, delayed tax season, well, starts two weeks from today. turbotax vice president bob meaghan is here with the bigge
the bigger issue is our deficits and debt. the fact that is more like thing from in the boiling water. it gradually undermines your economy's ability to perform, it hurts economic growth and takes away the stability that allows us to generate growth through investment, job creation, all the things we need to get the economy going. markets will not like to respond to that on any one day. it will hinder our economic performance. for now already hurting our standard of living and going to more in...
143
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Jan 21, 2013
01/13
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moving forward in tackling debt and deficits, he did talk about tax reform. talk about slowing the growth of these expenses, but still no change in his governing philosophy, if not impassioned defense of his governing philosophy. we have heard from democrats and republicans not throughout the day calling for bipartisanship, calling for working together to solve our problems. this is inauguration day, much like election day after all the votes are tallied and everyone has a mullen of togetherness, showing a willingness to work together. you still have a very divided washington and washington that is trying to wade through these problems with two very different gun and philosophies, two very different ideas on how to achieve success. lori: the president digging in. you mentioned the philosophy. this proposal being floated about. >> right. this is at three day proposal. three months proposal. excuse me. republicans will vote on it in a few days in the house. it has not gone completely shut down, so we may get at three month extension of the debt ceiling. extendi
moving forward in tackling debt and deficits, he did talk about tax reform. talk about slowing the growth of these expenses, but still no change in his governing philosophy, if not impassioned defense of his governing philosophy. we have heard from democrats and republicans not throughout the day calling for bipartisanship, calling for working together to solve our problems. this is inauguration day, much like election day after all the votes are tallied and everyone has a mullen of...
1,148
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Jan 22, 2013
01/13
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you can't not tax your way out of our current deficit and debt. i was encouraged to hear that senator schumer and our colleagues in the senate are going to do something they are very unfamiliar with, which is actually to pass a budget. i will believe it when i see it. he says they're going to do it. that is important because when you have to put pen to paper and list your priorities it makes it easier to have the debate. when you're debating against a phrase like balanced approach, that's a challenge. but when you're debating against specific numbers, it gets a little easier. tracy: representative schakowsky, let's talk about this budget. the house of course calling no budget, no pay. look, you want to talk about the center and the american people. we have all had to create budgets over the last couple of years and had no choice but to live by them. we don't have printing presses at home. this notion that we don't have a budget right now, a little disheartening. you think we'll get one out of all this. >> the house passed a budget, the ryan budget
you can't not tax your way out of our current deficit and debt. i was encouraged to hear that senator schumer and our colleagues in the senate are going to do something they are very unfamiliar with, which is actually to pass a budget. i will believe it when i see it. he says they're going to do it. that is important because when you have to put pen to paper and list your priorities it makes it easier to have the debate. when you're debating against a phrase like balanced approach, that's a...
77
77
Jan 18, 2013
01/13
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out of that, hopefully, some progress being made to get this deficit and debt under control. we believe our obligation is to help prevent a debt crisis from hitting this country. republicans have had a tough spot here. the president of united states as he is not negotiating the debt ceiling. he says it is simply up to congress. it is due to spending that is already approved. the majority of republicans voted against the deal because there were no spending cuts. this was the first strategy session. we are going to have these fights throughout the spring. back to you. cheryl: we just had a guest trying to tell us to avoid the noise in washington. thank you very much, rich. dennis: let's take a look at apple shares right now. down five dollars. 1%. another tip today. an analyst says do not hang up on the iphone maker. that cancellation of orders for iphone parts, it is not tied to sell drop in demand for iphone5. apple is moving toward so-called -- screens from different suppliers. analyst who are usually critical of apple came out and said, look, this recent sellout, way overdo
out of that, hopefully, some progress being made to get this deficit and debt under control. we believe our obligation is to help prevent a debt crisis from hitting this country. republicans have had a tough spot here. the president of united states as he is not negotiating the debt ceiling. he says it is simply up to congress. it is due to spending that is already approved. the majority of republicans voted against the deal because there were no spending cuts. this was the first strategy...
141
141
Jan 22, 2013
01/13
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dennis: if you heard the president's speech yesterday, i didn't hear the word deficit hardly at all. i did not hear about the growth of the economy, just everybody makes sure they have to have a chicken in every pot. >> you can be guaranteed on the state of the union address in on the 12th of february he will talk about new investments, high-speed rail, that means spending and it is not going to happen, nowhere in the world that can get through the house. dennis: thank you for being with us today. cheryl: president obama tries to push through his agenda for the next four years, what can you do to make some money right now for the next four years. management and chief investment strategist joins me now. let's talk about where we have been the last four years. gained 65%. the s&p gained 75%. are you bullish about the next four years for the market? >> yes, i am fundamentally. basically the federal reserve has done a magical job at the appreciating the value of our currency, lowering interest rates to the point it is now pushing asset prices up because money earns nothing in a bank acco
dennis: if you heard the president's speech yesterday, i didn't hear the word deficit hardly at all. i did not hear about the growth of the economy, just everybody makes sure they have to have a chicken in every pot. >> you can be guaranteed on the state of the union address in on the 12th of february he will talk about new investments, high-speed rail, that means spending and it is not going to happen, nowhere in the world that can get through the house. dennis: thank you for being with...
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196
Jan 23, 2013
01/13
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remember four years ago he campaigned on getting rid of the deficit within four years. he did not achieve that. we, as a country, have to hope for new beginnings. i am all about progrowth. get our fiscal growth in order. dennis: thank you very much. rich, we will come back to you. >> it looks like they are just about to get started. we will update you as soon as we get a tally. cheryl: we will be watching that both from our control room right here in new york. more coming up from davos, switzerland. liz claman is with some of the most influential people in the world. dennis: lax getting a lot more traffic. people are fleeing california because of a much higher tax rate. first, a look at the ten year treasuries. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ish
remember four years ago he campaigned on getting rid of the deficit within four years. he did not achieve that. we, as a country, have to hope for new beginnings. i am all about progrowth. get our fiscal growth in order. dennis: thank you very much. rich, we will come back to you. >> it looks like they are just about to get started. we will update you as soon as we get a tally. cheryl: we will be watching that both from our control room right here in new york. more coming up from davos,...
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107
Jan 18, 2013
01/13
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he has said, the president remains committed to further reducing the deficit in a balanced way. so that is the response from the white house after the gop at its retreat in virginia came out with the possibility that perhaps we could extend the debt limit for another three months but the senate has to pass a budget, so the republicans which it has not done in four years. so. tracy: no surprise from the white us house. ashley: says no. tracy: okay, then. how about this. hank paulson says he hates the debt limit. you remember the former treasury secretary, the guy who said i need $700 billion right now? no wonder he hates it. ashley: don't we all. tracy: he has given a rare interview. we have details on that next. ashley: first a look at today's winners and losers. the dow just above the water mark. take a look. we'll be right back. ♪ chances are you've become, a better driver over the years. and one company thinks your auto insurance rates should get better too. presenting the aarp auto insurance program from the hartford. i'm a good driver. have been for years. it just makes s
he has said, the president remains committed to further reducing the deficit in a balanced way. so that is the response from the white house after the gop at its retreat in virginia came out with the possibility that perhaps we could extend the debt limit for another three months but the senate has to pass a budget, so the republicans which it has not done in four years. so. tracy: no surprise from the white us house. ashley: says no. tracy: okay, then. how about this. hank paulson says he...